Centennial Hills

Office Space Market Report

Number of Listings (last 90 days)

5

Median Rate ($/sqft/yr)

$26


Median Size (sqft)

5,140

As of: December 9, 2016

Centennial Hills Rates

The typical asking rate per listing is in the $20's per square foot per year.
The Centennial Hills submarket is seeing a an increase in rates.
In the last 3 months, the median rate
went up
$3 per sqft per year.
That's a 14%
increase in rent.

Compared to the rest of the Las Vegas–Henderson–Paradise market, the Centennial Hills region has
more expensive rates, and you'll need to make a great offer to be in this hot region.

Centennial Hills Listing Supply

In the last 90 days, 5 listings have been made available,
which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible.
There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,140 sqft, there are still 0 new availabilities below 2,000 sqft.
Most buildings in this market are approximately 2 floors.
Most buildings in this market were built in 2005
and are Class B.

Centennial Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space.
Health care is the dominant industry in this market.
Commute by public transit is the most popular way to get to work amongst Centennial Hills occupants.
Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Centennial Hills.Market Report

Market Data

Real time and historical data on commercial real estate listings in Centennial Hills.Research